InvestorsHub Logo
Followers 6
Posts 61
Boards Moderated 0
Alias Born 07/27/2022

Re: toncatmad post# 134258

Saturday, 06/03/2023 7:27:31 PM

Saturday, June 03, 2023 7:27:31 PM

Post# of 145169
And you believe all bids were qualified? ... and no potential bidders were steered away from bidding with some phony reasons concocted by Eno and Dupak?

Really?

How could the original Visolis/LCY bid be fully qualified? Considering ... uh:

1. Visolis didn't have the funding for a truly major qualified bid ...
2. LCY, just off a guilty verdict in a Taiwan manslaughter trial ... you're saying nothing stood in the way of their bid participation? Like ... when was sentence passed? And what was the sentence? And would the sentence have any impact regarding LCY's qualification for the bid? You're saying there was no ... hmmm ... uh .... Collusion among the parties based on the late 2017 conference meetings?

I truly don't know or recall all the answers to these questions presently. I'm just askin'. All might have gone according to plan ... except for the LCY verdict. Surprise! What to do? Well, one thing: cancel the Shareholders' Meeting.

Think about it.

We all know that KKR, in the middle of the Summer, AFTER all the bids were dealt with, provided financial backup for LCY in the order of $1.56B. Uh ... wouldn't that make KKR the "hidden bidder" of the last resort? Did that follow Canadian CCAA procedures? And Eno, knowing KKR's interest ... couldn't he demand on the record more money than $4.34M? Noting that BIOA had a better future prognosis than the drop in oil prices and rise in corn prices indicated in 2016, EVERYBODY had to know the future import of BIOA's technology. Even Comerica calling in the debt ... that seems ... contrived.

Hey ... Don't call me a "Conspiracy Theorist." A lot of former "conspiracy theories" these days are turning out to have been true. Besides, I'm just askin'. You can't sweep these questions under the rug.

Come on, man! Get real!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.